Connecticut
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Connecticut Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$263,752

Number Of Homes And Apartments:
1,359,156

Connecticut Home Prices

Value Range
> $1,051,631 4.1
$788,870 - $1,051,631 2.8
$526,026 - $788,869 7.5
$420,708 - $526,025 7.4
$315,499 - $420,707 15.5
$210,434 - $315,498 26.3
$105,144 - $210,433 28.7
$52,589 - $105,143 4.8
$0 - $52,588 3.0

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
1.28% 5.20%
5
Last 12 Months:
2017 Q3 - 2018 Q3
1.93% 1.93%
1
Last 2 Years:
2016 Q3 - 2018 Q3
3.52% 1.75%
1
Last 5 Years:
2013 Q3 - 2018 Q3
6.69% 1.30%
1
Last 10 Years:
2008 Q3 - 2018 Q3
-6.87% -0.71%
1
Since 2000:
2000 Q1 - 2018 Q3
55.74% 2.42%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,488 / per month

Homeownership Rate

Homeownership
Owners 64.29
Renters 35.71
Vacant 9.31

Housing Details

Age of Homes

AGE OF Connecticut HOMES
2000 or Newer 8.1
1970 - 1999 33.8
1940 - 1969 35.7
1939 or Older 22.4

Types of Homes

TYPE OF Connecticut HOMES
Single-Family 59.1
Townhomes 5.4
Small Apt. Buildings 17.0
Apt. Complexes 17.8
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Connecticut HOMES
No Bedroom 2.17
1 Bedroom 12.39
2 Bedrooms 27.12
3 Bedrooms 36.56
4 Bedrooms 17.16
5 or more bedrooms 4.59